Samsung Galaxy S10 images show embedded cryptocurrency wallet | Bitcoin post-issuance: an existential threat | Robinhood Crypto coming to New York after firm nabs coveted BitLicense
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BTC Dominance 52.4%
Samsung Galaxy S10 images show embedded cryptocurrency wallet
Robinhood Crypto coming to New York after firm nabs coveted BitLicense
As Maduro’s power hangs in the balance, what will happen to Venezuela’s crypto asset?
“While this year will be another proving ground for cryptocurrencies, we believe digital currencies will have a role in the future." — Adena Friedman, Nasdaq president and CEO
The Big Block
Newly leaked images of Samsung’s flagship Galaxy S10 device show support for cryptocurrencies within the device. The “Samsung Blockchain KeyStore” is described as both “a secure and convenient place for your cryptocurrency” and a place to “secure and manage your blockchain private key.”
A user may import an existing wallet to transfer existing cryptocurrency. The image shows that multiple cryptocurrencies are supported, although only Ethereum is named directly. Additionally, a user may create a new cryptocurrency wallet with Samsung Blockchain KeyStore.
Previous leaks in December had implied that Samsung’s Galaxy S10 would include a wallet app with two parts: 1) a cold wallet for storing cryptocurrency and private keys and 2) a hot wallet for crypto transactions.
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Around The Block
Bitcoin post-issuance: an existential threat
Bitcoin acolytes often cite the network’s predictable, finite, supply schedule as its most alluring feature. A marked departure from global central banks’ propensity to inflate money supply, the hard-coded 21 million cap ensures that savings held in Bitcoin will retain value over time. This property ostensibly confers ‘sound money’ characteristics, positively positioning Bitcoin as a viable contender for global reserve currency status. — More
Robinhood Crypto coming to New York after firm nabs coveted BitLicense
Robinhood, the California-based broker, now has the green light from regulators in the state of New York to open up shop, the firm said Thursday.
The company announced that the New York Department of Financial Services granted Robinhood the so-called BitLicense, which is only held by a handful of crypto companies including Genesis Trading and payments firm Square. The agency also granted LibertyX a license. — More
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